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Can you please help me with this statistics question about regression? QUESTION 3 Mason Leisure Chairs (a one-woman operation) produces three types of handcrafted outdoor

Can you please help me with this statistics question about regression?

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QUESTION 3 Mason Leisure Chairs (a one-woman operation) produces three types of handcrafted outdoor chairs that are popular for beach, pool, and patios: The classic Adirondack, a Sling chair, and a deluxe Hammock. The unit profit for these products is $95, $40, and $90, respectively. Each type of chair requires cutting, assembling, and finishing. Details are provided in the file Mason Leisure Chairs 10.xisx The owner is retired and is available to work only 125 hours each month. He does not want to spend more than 30 hours each month on cutting, but can spend 50 on either of the other two activities (assembling, and finishing). The retailer he works with is certain that all products he makes can easily be sold. The time required for each process for each chair type is given below. 1) Identify the decision variables, objective function, and constraints in the usual Model Formulation structure and use Excel to help you solve the optimizin problem. 2) How many of each type of chair should he produce each month to maximize profit? 3) A neighbor with finishing skills has offered to help out for five hours each week, but is only willing to do finishing. She would need to be paid $25 / hour. Should she be hired? Attach File Browse Local Files Browse Content Collection A B C D E F G 1 A local business is trying to forecast their energy usage for the next season using the data below. W N Complete an analysis using the usual steps and methods. Be sure to identify your variables, label and neatly format your work product (it is for an important client). O UT Provide a forecast for (Temp F = 32, Temp F = 10). LD 00 - KWH Temp F 10 213 26 11 226 24 12 194 28 13 150 42 14 109 52 15 90 63 16 103 57 17 157 45 18 135 42 19 125 45 20 175 42 21 163 30 22 219 18 23 69 71 24 78 46 25 222 38 26 200 46 27 110 37 28 144 26 29 30 31 32 Sheet1 +

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